Thread by @Wealthy_Brains, How to Build Generational Wealth with Altcoins?~ Thread ~ What is an [...]

How to Build Generational Wealth with Altcoins?

~ Thread ~

What is an Altcoin?

Any coin other than Bitcoin is called as Altcoin.

Why do we need them?

BTC has it's own limitations in terms of utility. To overcome them, we need ALTs for different purposes.

Bitcoin is okay to hold to saecure your wealth against deflating fiat currencies.

But if anyone is serious about building wealth with Crypto,

Altcoins are the key to it. Here is how to build wealth with them:

1. Invest in New Coins before their Launch

If you master the skill of identifying the strong projects in Crypto before their IDOs ,

Every single coin can give you atleast 10x in Bull Market.

So, How to do do it?

I will do a complete thread on that.

Here is just an intro to the :

- List all the projects your favourite influencer is shilling to you.
- Understand the project utility.
- Look at the team.
- Study tokenomics and social media presence.
- Remove 90% of projects from your list

- Apply for ICO/IDO/IEO of remaining 10%
- Get whitelisted
- Buy them on launch
- Easy 10-100x in just few days/weeks

It's similar to finding private companies before IPOs that would be next unicorns.

2. Finding Low Market Cap Gems

If you are not able to get into IDOs, don't worry.

Get into good projects at the early stage.

If done right, they can give you 100x-1000x returns over a period of 3-5 years

Here are few examples:

- ETH: 7500x since the launch in 2014

- Alpha finance labs: 100x since launch in 2020

- Chainlink: >100x since launch

3. Trading Altcoins in Bull Market

(If above options seems too complicated for you, this might be easier if you have basic market knowledge)

Learn the basics of trading.

It's a highest ROI skill. You will make money lifetime once mastered it.

Serious about making those 100x gains?

Don't want to miss the big money in Crypto this time?

Join for free now